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Hi, after reading through the forum, I understood how to setup a report showing the invoices that were paid in a particular month.
However, is it possible to generate a report showing these paid invoices and the cost of goods sold of these invoices?
Cause I would like to use the total amount of invoices paid minus the COGS to understand how to portion out the funds collected each month.
Hi there, AVIQ.
You can either run a quick report for the COGS or the Transaction Detail by Account report. Then, customize this report to show the paid invoices and the COGS.
To run a quick report, here's how:
For running the Transaction Detail by Account, you can follow these steps:
I'll be around if you have any additional questions or concerns about QuickBooks. Have a great day!
Run your Profitability reports. Examples:
Reports menu >Jobs, Time & Mileage
Item Profitability <==set it for today
Job Profitability Detail <== Offers for you to select just one Customer